The dollar prepares for Jackson Hole
Federal Reserve officials will meet this Thursday and Friday at the Jackson Hole world event for this year’s economic symposium. This type of event has been used on previous occasions to signal important policy changes. Plans for a gradual reduction of stimuli are expected to be laid out at the Jackson Hole meeting. The […]
BTC breaks new record in two months
Bitcoin breaks the $ 50,000 barrier. The bet on this cryptocurrency again took a race in recent weeks and the effects were felt in other cryptos and altcoins. Monday’s trading began with BTCUSD surpassing $ 50K, driven in part by PayPal Holdings launching a new cryptocurrency service in the UK. It is about the possibility […]
High-impact week: German production and US GDP
German manufacturing production data as of 4:30 am ET. The euro will be affected this Monday by the production data from Germany, a drop in production is estimated with 65.1 points from 65.9. Euro has been under selling pressure since last August 17. The dollar did not cooperate in the rise of the cross thanks […]
The Bitcoin ETF is coming.
The approval of an investment fund in BTC is approaching. Until now, cryptocurrencies had no exchange-traded funds. The bitcoin ETFs are in operation within the territory of Canada and Europe but nothing yet allowed in the United States. Local American firms do not allow their clients to participate in foreign funds. The SEC (US Securities […]
American & Canadian Employment. Australian & UK Interest Rate This Week
President Joe Biden’s top medical adviser, Dr. Anthony Fauci, said Sunday that he does not expect the United States to return to lockdowns. Despite the increasing risks of COVID-19 infections posed by the Delta variant. “I think we have a sufficient percentage of vaccinated people in the country, not enough to crush the outbreak, but […]
The dollar prepares for the FED announcement.
Tomorrow the policy meeting of the Federal Reserve of the United States will end. Markets brace for the impact of the ads. The question is – and continues to be – when and how they will begin to reduce the stimuli implemented to mitigate the effects of the crisis. A sharp and anticipated reduction […]
Possible impact on AUDUSD due to inflation
The Consumer Price Index for the second quarter will be published by the Australian Bureau of Statistics. The publication will run from this Tuesday at 21:00 GMT-3 (Argentine time). The projections indicate that the indicator, annualized, presents an increase above the estimated target of the RBA. The measures taken by the Reserve Bank […]
US GDP, FOMC and consumer confidence
Powell argues that the US recovery continues to go on despite the Delta variant. He will probably acknowledge this Wednesday that the Committee would begin discussions on plans to gradually reduce stimuli. It will also signal that it will reach the standard of »further substantial progress« is still »far away«. “Real GDP in the United […]
BTC is close to breaking the $ 30K support
The crypto world continues to speak in the markets. The pullback of mining in China continues to drive the pullback in the price of BTC. The public-institutional advances for the regulation of this activity, are key axes of this week. The brake on mining in China is paving the way for the decentralization of the […]
Lagarde Gets Ready To Give The Euro A Spin This Week
Officials at the European Central Bank are set to reveal their new monetary strategy this Thursday. These decisions are expected to really make a difference for the direction of the euro and for investors. Policymakers will modify their stance to reflect changes ranging from a slightly higher inflation target of 2% to an explicit assignment […]